510-218 Queens Quay, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14092112

$784,999
For Sale
Listed 1 day agoNo offer date stated
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1+1Bedrooms
2Bathrooms
0Parking
800-899Sq ft

About this home

In short

  • Rare & exceptional SW facing 1+1 Bedroom w/bright & versatile solarium & spacious balcony overlooking the waterfront in the 3rd & newest tower of the prestigious...
  • This beautifully maintained 818 sq. ft. suite has been cared for by the original owners & includes 2 owned lockers on the 3rd floor.
  • Bright, open-concept living/dining layout features engineered hardwood flooring & sleek anchored wall units that provide diverse storage options & centred TV...
  • Amenities incl. in/outdoor pool,gym,sauna, billiards room,BBQ area,lounge,guest suites,party/mtg rooms,bike storage.
  • Walk to Love Park,Union Stn, Scotiabank Arena,Rogers Centre,Sugar Beach, Steam Whistle Pk, Island Ferry Docks, restaurants, cafes & the Martin Goodman Trail.

Rare & exceptional SW facing 1+1 Bedroom w/bright & versatile solarium & spacious balcony overlooking the waterfront in the 3rd & newest tower of the prestigious Water Club Condos! Experience waterfront living at its finest in the most coveted and highly regarded tower of the renowned Water Club Condos, situated in the heart of Toronto's vibrant waterfront community! This beautifully maintained 818 sq. ft. suite has been cared for by the original owners & includes 2 owned lockers on the 3rd floor. Experience incredible south-west views of the waterfront, Harbourfront Centre, Billy Bishop Airport & unforgettable sunsets from both inside & on the private balcony that seats 4. You can also enjoy NW city views of the Rogers Centre & CN tower while on the balcony! Bright, open-concept living/dining layout features engineered hardwood flooring & sleek anchored wall units that provide diverse storage options & centred TV presentation. Solarium has floor to ceiling views of the waterfront providing tons of natural light & can be used as a dining area, home office, or hobby nook. Updated kitchen offers relaxing sunset views while cooking, with stylish porcelain tiles, full-sized appliances, an island w/convenient roll-out shelving, & freshly wrapped cabinetry(Oct2026).Entire suite was prof. painted(Sept 2026) & has been thoughtfully updated over the years w/new flooring, bathroom improvements, & stylish lighting fixtures.Primary bedroom easily fits a king-sized bed & has remote-controlled dimmer lighting.Den is ideal as a home office or other bedroom w/ double doors & additional anchored storage units.This 3rd tower has their own dedicated 24-hr concierge(accepts deliveries)& TTC service at your doorstep!Amenities incl. in/outdoor pool,gym,sauna, billiards room,BBQ area,lounge,guest suites,party/mtg rooms,bike storage.Walk to Love Park,Union Stn, Scotiabank Arena,Rogers Centre,Sugar Beach, Steam Whistle Pk, Island Ferry Docks, restaurants, cafes & the Martin Goodman Trail!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14092112
Bedrooms
1+1 (2 total)
Bathrooms
2
Size
800-899 sq ft
Cross streets
Lower Simcoe and Queens Quay West.
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete, Metal/Steel Siding
Maintenance
$923/mo
Exposure
South West
Property tax
$3,537 / 2026
Days on market
1
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

SolariumMain2.14 × 3.24 m

overlook water · window floor to ceiling · sw view

BedroomMain2.65 × 3.05 m

4 pc ensuite · closet

DenMain2.65 × 2.68 m

French Doors

Dining RoomMain4.27 × 4.42 m

combined w/living · overlook water · sw view

KitchenMain2.14 × 3.24 m

centre island · b/i microwave · sw view

Living RoomMain4.27 × 4.42 m

combined w/dining · overlook water · w/o to balcony

FoyerMain1.80 × 1.21 m

Porcelain Floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is The Waterfront School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$668kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $868/sqft; this home lists at $924/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
785kThis home749k658k615k688k630kThis home vs active comparables

Neighbourhood & location

Waterfront Communities C1, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C8
$554K
Church-Yonge Corridor
$529K
Kensington-Chinatown
$585K
Niagara
$724K
North St. James Town
$765K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near The Waterfront School
74%
The Waterfront SchoolPublic · Elementary · 1.3 km awayAround the GTA average · 74% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Jean Lumb Public School · Public elementary1.0 km · 73% at standard
Downtown Alternative School · Public elementary1.3 km
St Michael Catholic School · Catholic elementary1.3 km · 67% at standard
Oasis Alternative Secondary School · Public secondary1.4 km
ALPHA Alternative Junior School · Public elementary1.4 km
Ogden Junior Public School · Public elementary1.5 km · 69% at standard
Contact Alternative School School · Public secondary1.7 km
St Michael's Choir (Sr) School · Catholic secondary1.7 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.8 km · 98% at standard
Market Lane Junior and Senior Public School · Public elementary1.8 km · 74% at standard
St Mary Catholic School · Catholic elementary1.9 km · 64% at standard
Heydon Park Secondary School · Public secondary1.9 km · 8% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,578/mo
$166KIncome needed
4.7×Price ÷ income
$826Weekly cost
$24,350Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

75%mortgage
Mortgage $3,578Property tax $295Condo fee $923Total carry $4,796

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,472per month

Mortgage amount $627,999 · 4.49% over 25 years

$157,000Down payment (20.0%)
$627,999Loan before insurance
$0CMHC premium
$4,690Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,472
Property tax
$295
Condo / maintenance fees
$923
Heating
$0
Estimated monthly cost
$4,690

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$12,175
Toronto municipal land transfer tax
$12,175
Estimated closing costs
$24,350

Plus your down payment of $157,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,203/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$413,695Total interest paid
$1,041,695Total of all payments
Principal $627,999 Interest $413,695
YearPrincipalInterestBalance
1$14,014$27,654$613,985
2$14,651$27,017$599,334
3$15,316$26,352$584,019
4$16,011$25,657$568,007
5$16,738$24,930$551,269
6$17,498$24,170$533,771
7$18,293$23,375$515,479
8$19,123$22,545$496,355
9$19,991$21,676$476,364
10$20,899$20,769$455,465
11$21,848$19,820$433,617
12$22,840$18,828$410,777
13$23,877$17,791$386,900
14$24,961$16,707$361,939
15$26,094$15,573$335,844
16$27,279$14,389$308,565
17$28,518$13,150$280,047
18$29,813$11,855$250,234
19$31,166$10,501$219,068
20$32,581$9,086$186,487
21$34,061$7,607$152,426
22$35,607$6,061$116,819
23$37,224$4,444$79,595
24$38,914$2,754$40,681
25$40,681$987$0

At the end of your 5-year term

Total paid over the term
$208,339
Principal paid down
$76,730
Interest paid
$131,609
Balance remaining
$551,269

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,700/mo
$32,400Gross annual rent
1.7%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.1%
Gross yield
− Property tax $3,537− Condo fees $11,077− Insurance $600− Vacancy & upkeep $3,564Net operating income $13,622

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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